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Relocation >Considering Locations

The large, stately house that you drive by every morning on the way to work has had a "For Sale" sign sitting in the front yard for months. When you finally call for an appointment and see the house--you love it! And the price is lower than prices for similar houses on quieter side streets.

Houses located on busy streets may represent excellent buys in terms of space and amenities for the price. Some buyers who are very sensitive to noise or concerned about small children or pets may automatically rule out houses that are located on busy residential streets. If you don't share these same concerns, you won't consider a busy location to be a deterrent to buying the property. If the sellers have made pricing concessions on the property based on its location, this could provide an opportunity for you to own a far grander house than you thought you could afford!

Just remember that when you sell the house, the pool of prospective buyers may be smaller, and you may have to pass on a similar price break to the next owner.

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Q	How much does a celebrity's name boost the price of a property?
A	Typically no more than 5 percent, but there are exceptions--the greater the fame, the higher the price!
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Eric Rice and Clausen Ely, REALTOR®, real estate agents and broker for Baltimore, Fells Point and Federal Hill Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Clausen Ely
Results 1 Realty
754 Washington Blvd
Baltimore, MD, 21230
443-421-0000
202-494-4700
clausenely@NUMBER1EXPERT.com
Eric Rice and Clausen Ely started Results 1 Realty to serve the greater Baltimore and Anne Arundel County areas. Our team of knowledgeable and dedicated agents, assistants, contractors, and other vendors put customer service above all else. As we like to say "Results 1 Realty" is open 24 hours a day, 365 days a year.

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